And nasdaq gained. 18 , how do we keep track of everything . I know one way you shouldnt we dont look at some aggregate tally that tells you 42 of the companies have beaten estimates, or 24 have the guide down. Dont buy, dont buy no, these surveys are useless because who cares if a Company Beats or lowered estimates it doesnt tell us anything. No, no to find out what matters, we need to go company by company. Who doesnt even know that were in a tough environment because there business is in such good shape . Lets call that one a winner who is able to thrive . Who is struggling to hold their own in the worst economy in two years . s in trouble . Who is in much better shape than you expect thanks to savvy management these are the real questions, and you cant answer them like saying 47 , you got to do homework so let me give you the scorecard to date. Well start with the joyfully oblivious companies that are oblivious to all the slings and arrows on the economy worldwide, the ones that do
Were getting closer. It moved up a little since we spoke a few minutes ago, so we reindicated the range, 33 to 36. And its about 10 to 15 million shares in that range that are paring off and it narrowed to 3 from 4. So i think its shaping up and we dont as we said before, we dont know how much is actually going to be sold right now, but 10 to 15 is not a shockingly large number. Its a well, it depends on how you look at it in the context of the number of shares that are eligible to sell, its about, you know, in the 10 range. But thats fairly typical, 10 for an ipo, and this is not an ipo, its a direct listing. Whats amazing to me, it doesnt matter, direct listing, ipo, whatever you want to call it, this year ipos are tending to price toward the high end and open above this is happening here if we take 33 to 36, pick a number 34 if it might open, thats 30 over the Reference Price average ipo in my experience, maybe would open 10 higher on a good day weve seen ipos routinely opening 20 h
Even if today was a dow. S p inching down 1. 3 . Nasdaq climbing 4. 2 the fed is supposed to cut rates when the economy is in trouble, right . How can the economy be in trouble if the s p 500 briefly made an alltime high . I hear a lot saying this but its based on the serious misapprehension usually bring people who dont understand the stock market itself because it is a market of stocks. Its no longer a good gain the indices arent a good gauge to the economy the recent rally tells us lots of companies are doing well. Some are doing well because of lower Interest Rates than the treasury market. Some are doing well. Theres been some fast growing tech stocks that have not been constrained and farm well, farm and fast growing tech tend to thrive in a weak economy. More importantly i think were looking at this backwards. The market roared to these levels because wall street thinks there is going to be a rate cut it would be much lower in jay powell told us it was still on the table that th
I have been running that for a couple of years. When there a time were no jobs in Information Security for any of us. The only people doing security were maybe people in the military and banks. So this is really a hobby. As the internet grew and there are puttingd people things online and there is money at risk, all of a sudden hackers , started getting jobs doing security. I kept getting emails of people telling me give me an , announcement to def con to make it sound professional. I have to convince my boss to send me to def con for my job. I was rewriting our announcements to make them sound corporate and more professional. One of my friends said you know what, throw a real conference. Charge real money. Make it a professional conference. I thought it was brilliant. But i did not have the money at the time i was too young. For a year, iney took a loan out and then i started black hat a year later than i a year later. Every year it has grown for 20 years. Host what is the difference
On tuesday afternoon. And you can see why the Hurricane Center has decided on this track. The consensus of the computer models have shifted a little further west, back toward florida again today. As we always tell you, the forecast tracks change as well as the spaghetti models. We will continue to update you and watch the storm over the next several days. Back to you. All right, thanks steve jerve. A sarasota woman trying to turn in a stray dog dangerously skinny. But it turns out she was lying. A microchip proved it was her dog and she mistreated it. Newschannel8s john rogers joins us from Sarasota County with this shocking story. Reporter good evening, the girl repeatedly lied to authorities but eventually caved in and admitted she was too busy to care for the dog. When i spoke with her, she said she never meant for this to happen. Earlier this month, 20yearold alexandria drew brought in this dog to Sarasota County animal services. It was gaunt and shockingly thin. I actually saw the